0
Capitalism requires a few conditions:
1) A well-educated consumer
2) Lack of fraud or monopolies
3) Government's only role is breaking monopolies and preventing fraud (e.g. No taxes, no public education, no public healthcare, social security, etc.)
No countries truly have capitalism.
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
What are the importance of capitalism?
Capitalism is a system where money talks. You will purchase goods and services from a business and work to earn that money to make the system work.
How capitalism spreads ignorance?
People who live in capitalism exist under the corporation's interest: more profits along with lower salaries. The only system that works in order to reach this goal is capitalism since people living in this system work so hard to buy products they wrongly think they need, but this false belief is popular because the advertisement and capitalist education is injected in their brains. Workers in a capitalist work must be productive, in other words, complete specialists, therefore oblivious or not aware of what is happening, ergo ignorant.
Is capitalism antifamily?
definitely, the quest for more money, or the lowering of average wages for middle class families forces parents to work more, and spend more and more time away from their children, who in turn, learn that 60 hour weeks are the norm. And then we are still told that Americans are lazy, in order to subconsciously drive Americans to work even more. Capitalism is the quest for more and more stuff, that in the end, we don't need.
What is the economic system in which most economic activity occurs in the private sector where business is conducted by individuals or organizations in order to make a profit?
capitalism
Explain how socialism was a reaction to industrial capitalism Need it asap?
There was political corruption and capitalism where the official decisions were corrupt.
How can you use capitalism in a sentence?
This scentence would work: Capitalism is retarded.
What are the importance of capitalism?
Capitalism is a system where money talks. You will purchase goods and services from a business and work to earn that money to make the system work.
How do advertising and marketing services benefit society?
The world's giants (mainly Western countries) are run on capitalism. In order for capitalism to work, many different companies need to be successful and competitive to keep the system running. For small or new businesses to get started they need to get their name heard, or to stick out from the big box companies. The best way for companies to get their name heard is to use advertising and marketing companies.
Can capitalism work without government?
Of course.
How capitalism spreads ignorance?
People who live in capitalism exist under the corporation's interest: more profits along with lower salaries. The only system that works in order to reach this goal is capitalism since people living in this system work so hard to buy products they wrongly think they need, but this false belief is popular because the advertisement and capitalist education is injected in their brains. Workers in a capitalist work must be productive, in other words, complete specialists, therefore oblivious or not aware of what is happening, ergo ignorant.
What do muscle need to order to work?
muscles need food and oxegen to work
Is capitalism antifamily?
definitely, the quest for more money, or the lowering of average wages for middle class families forces parents to work more, and spend more and more time away from their children, who in turn, learn that 60 hour weeks are the norm. And then we are still told that Americans are lazy, in order to subconsciously drive Americans to work even more. Capitalism is the quest for more and more stuff, that in the end, we don't need.
What is the economic system in which most economic activity occurs in the private sector where business is conducted by individuals or organizations in order to make a profit?
capitalism
What does haiti need most?
force Capitalism.
Explain how socialism was a reaction to industrial capitalism Need it asap?
There was political corruption and capitalism where the official decisions were corrupt.
What is capitalism like?
Capitalism is an economic idea where the people work for the people, not the government. Individuals own businesses, land, and goods. Capitalism has flourished because individuals are working for their own good - they have money to strive for. The opposite of capitalism is communism. An example of a country who uses capitalism is the USA.
Why was capitalism made?
Capitalism was not created by anyone, nor does it have a set of rules or guidelines. It is the natural order of the economy when it is uninhibited by government meddling.
